Trade

Littleproud signs Ag MoU in Jakarta

Grain Central, January 31, 2022

Minister for Agriculture and Northern Australia David Littleproud and Indonesian Minister of Agriculture Dr Syahrul Yasin Limpo at the signing of an agricultural MoU in Jakarta last week.

AN AGRICULTURE Cooperation Memorandum of Understanding (MoU) was signed in Jakarta on Friday by the Federal Minister for Agriculture and Northern Australia David Littleproud and the Indonesian Minister of Agriculture, Dr Syahrul Yasin Limpo.

Mr Littleproud said the MoU was an official recognition of the tangible agricultural trade that flows between the two nations, and the desire for that trade to grow.

The MoU was a highlight of the three-day visit which saw Mr Littleproud meet with key ministers including the Indonesian Minister for Agriculture and the Coordinating Minister for Economic Affairs and the Minister for Manpower as well as Indonesian agribusiness representatives.

“Indonesia is Australia’s fourth-largest agriculture, fisheries and forestry export market, valued at $2.9 billion in the 2020-21 year,” Mr Littleproud said.

“Indonesia is Australia’s largest market for wheat, largest market for live cattle, and fifth-largest market for beef.

“The two-way trade for the agriculture, fisheries and forestry sectors was $4.07 billion which shows that Indonesia is not just a respected partner but a valued one as well.”

The MoU has an implementing Work Group with four taskforces which will focus on livestock and animal products, crop and plant products, modern systems and processes, and agricultural research and education.

“Under the MoU, our nations will cooperate to facilitate mutually beneficial trade.

“In simple terms it is a win-win for both our countries.

“Through the three days I was able to raise a number of trade and market access issues of interest to Australia and reiterated my commitment to work with Indonesia to ensure both countries can take full advantage of the Indonesia-Australia Comprehensive Economic Partnership Agreement.”

“I also welcomed the engagement of Indonesia on the Australian Agriculture Visa and welcomed the progress being made.”

Mr Littleproud’s itinerary included visits to Bogasari Flour Mill, the largest integrated flour mill in Indonesia, and one of Australia’s single largest agricultural commodity customers in Indonesia.

He also visited one of Indonesia’s premier high-end supermarket chains, Ranch Market, where specialty Australian produce is sold, and had meetings with Indonesian agribusiness representatives from the horticulture, grains, red meat and live cattle sectors.

Source: Australian Government

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